The Atlanta Braves’ deal to move to the suburbs is safe. The Georgia Supreme Court on June 29 unanimously upheld the bond issue for up to $397 million to build a new stadium in Cobb County, Georgia. “If the stadium deal does not fulfill the high expectations that have been set for it, there may be a significant political price to pay for those who negotiated and signed onto it,” Justice David Nahmias wrote. “But … we cannot say that the trial court erred in validating the bonds or that the validation process was deficient.”

$18.7 BP SETTLEMENT

BP PLC has agreed to pay more than $18.7 billion to resolve civil claims with the federal government and five Gulf states related to the 2010 Deepwater Horizon oil spill. The deal, if approved, would be the largest settlement with a single entity in U.S. history, according to a statement from Attorney General Loretta Lynch. The U.S. Department of Justice said it could take several months to formalize the agreement into a consent decree to present to the court. The public will have an opportunity to weigh in before it goes to U.S. District Judge Carl Barbier in New Orleans for final approval. The Justice Department filed civil claims against BP over the spill in 2010 in the U.S. District Court for the Eastern District of Louisiana. Litigation continues over a $9 billion settlement to resolve private civil claims filed against the oil company.

APPLE LOSES E-BOOK APPEAL

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